DUBAI, UAE, July 25, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency alternate by buying and selling quantity, has introduced a strategic partnership with Tether, the main firm within the digital asset trade and issuer of USD₮, probably the most extensively used stablecoin. The collaboration goals to spice up cryptocurrency adoption throughout Brazil via institutional partnerships, main occasion sponsorships, and expansive academic initiatives.
A spotlight of the partnership is the co-sponsorship of Blockchain Rio, one among Latin America’s most influential blockchain conferences. Through the occasion, new customers who register on Bybit’s platform will obtain an unique USD₮ bonus. This incentive is designed to encourage first-time customers to have interaction with the digital asset ecosystem.
To increase the partnership’s attain into real-world purposes, Bybit and Tether are in superior discussions with Go to Rio. The aim is to combine cryptocurrency into the town’s tourism sector by providing reductions and USD₮ bonuses to vacationers who use digital belongings for companies, excursions, and purchases from native companies. This initiative is meant to place Rio as a forward-thinking, crypto-friendly vacation spot.
As a part of its long-term technique, Bybit will roll out a nationwide academic program to extend crypto literacy and drive accountable adoption. The initiative features a sequence of “Study to Earn” campaigns that reward customers for finishing blockchain-focused programs. These can be complemented by in-person occasions akin to workshops, college meetups, and seminars, participating immediately with college students, builders, and entrepreneurs.
Earlier this 12 months, Bybit appointed Israel Buzaym as its Nation Supervisor for Brazil. Since then, the corporate has considerably expanded its native presence and launched tailor-made choices akin to Bybit Pay and the Bybit Card. These merchandise are serving to to bridge the hole between conventional finance and the world of digital belongings.
“I’m honored to guide Bybit’s efforts in Brazil at such a transformative time,” stated Israel Buzaym. “Brazilians have a protracted historical past of embracing innovation. We’re already seeing sturdy momentum within the adoption of our companies. This partnership with Tether provides the belief, liquidity, and strategic focus wanted to make crypto a pure a part of on a regular basis life for thousands and thousands.”
With a market capitalization exceeding $114 billion, Tether performs a central function within the international digital financial system. This partnership with Bybit displays a shared dedication to monetary innovation, schooling, and the creation of sensible use instances for cryptocurrency in one of many world’s most promising rising markets.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency alternate by buying and selling quantity, serving a worldwide neighborhood of over 70 million customers. Based in 2018, Bybit is redefining openness within the decentralized world by creating an easier, open and equal ecosystem for everybody. With a robust deal with Web3, Bybit companions strategically with main blockchain protocols to supply strong infrastructure and drive on-chain innovation. Famend for its safe custody, numerous marketplaces, intuitive person expertise, and superior blockchain instruments, Bybit bridges the hole between TradFi and DeFi, empowering builders, creators, and lovers to unlock the complete potential of Web3. Uncover the way forward for decentralized finance at Bybit.com.
For extra particulars about Bybit, please go to Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please observe: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
About Tether
Tether is a pioneer within the discipline of stablecoin know-how, pushed by an goal to revolutionise the worldwide monetary panorama. With a mission to supply accessible, safe, and environment friendly monetary, communication, and power infrastructure. Tether allows larger monetary inclusion, communication resilience, fosters financial progress, and empowers people and companies alike.
Because the creator of the biggest, most clear, and liquid stablecoin within the trade, Tether is devoted to constructing sustainable and resilient infrastructure for the advantage of underserved communities. By leveraging cutting-edge blockchain and peer-to-peer know-how, it’s dedicated to bridging the hole between conventional monetary programs and the potential of decentralised finance.
Bybit and Tether Launch Strategic Partnership to Accelerate Crypto Adoption in Brazil